We want you to build up your dependable income, not draw it down...
Bohemia, NY (PRWEB) April 25, 2013
On April 25, Jerry Golden, developer of Savings2Income (S2I), announces the release of a video showing the effectiveness of the S2I planning method and how it could be used to generate more dependable, spendable income for baby boomer couples, and others.
The video details a typical retirement scenario, using an average couple as an example. Sam and Sally are approaching retirement age, and just like most people, they want to make sure they can sustain their current lifestyle when they retire. Sally’s retired parents have a decent amount of retirement income due to a combination of a pension plan, Social Security and an annuity, giving them guaranteed income checks each month.
Golden says many companies have replaced pension plans with 401(k) plans, which don’t automatically generate guaranteed income. “These plans are not all bad, but they only take an investor to retirement, but not through retirement,” he says. “It’s difficult for people to understand their options and choose the best route to secure spendable income for life. Our plan decreases risk and integrates all savings and income sources.”
When Sam and Sally “met” Jerry Golden, they learned the five steps to achieving their dream retirement. These steps include:
- Lowering fees on all retirement savings
- Deferring taxes on retirement savings
- Making smart Social Security elections
- Building guaranteed income over time
- Purchasing guaranteed income for life
“Our plan is customizable to your living situation, and you won’t have to pay taxes on earnings that were not spent,” Golden says. “Importantly, you will see a dramatic increase in the amount of income generated from using our plan. We want you to build up your dependable income, not draw it down. You’ll receive monthly income without depending on the market. While the plan does require some adjustments periodically, it will provide the money you need to live your life comfortably.”
An innovative retirement planning method called Savings2Income (S2I) created by Jerry Golden seeks to provide a clear path to retirement security for those saving for retirement, soon to retire, and recently retired. S2I incorporates Rollover IRA savings, personal retirement savings held outside an IRA or 401(k) plan and Social Security into an integrated solution.